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20121119
20121119
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superstorm sandy left behind in seaside heights, new jersey. he met with first responders who lost their homes. he also checked out the battered coastline by helicopter yesterday. president obama vows to help the area make a complete recovery. >> but the president's made it clear that we're going to do everything we can to make sure that the corps is fully funded, that fema has what it needs, and that all the programs that exist under the auspices of the federal government are not only continue to exist, but are funded, so that we can make sure that -- that -- that this area of the country is fully, fully, fully restored. >> the damage on the ground is just shocking when you look at it from the air, alina. it is just staggering. you can see just how fierce the storm was. about 600 customers still have no electricity in new jersey over the weekend. three weeks now, after the storm hit. >> i am alive. that's the message one of at least 11 men injured in that oil platform explosion in the gulf of mexico wanted to send his family. we're also getting a look at the explosion the very mom
a better world for you. >>> superstorm sandy didn't derail the housing market after all. we have more good news out of that bee leagbeleaguered market >> they say sandy did not impact october numbers so much. it was only three days. we'll see the effects of sandy in november, however. overall didn't change the good recovery we're seeing in october. take a look. existing home sales rose 2.1% month to month. that's slightly above expectations. that's because september's numbers were revised down slightly. the bigger story is supply. inventories are down a whopping 22% from a year ago to 2.41 million units. that's lower than any point since late 2005. that is the height of the housing boom. that is due to fewer distressed properties for sale and all that competition is pushing home prices higher. realtors report an 11% jump year over year in the median price. while some is the shift in what's selling to higher priced homes, because that's of course how medians work, fun fact is home sales higher than $500,000 are up 40%. they still make up less than 10% of the market. with all cash investors
at superstorm sandy. the damage in new jersey. with first responders who lost their homes. he also looked at the battered coastline by helicopter yesterday. the vice president, like president obama, vowed to help the area to make a complete recovery. >> made it clear that we're going to do everything we can to make sure that the corps is fully funded, that we have fema has what it needs, and all the programs that exist under the auspices of the federal government are not only continue to exist, but are funded so that we can make sure that -- that this area of the country is fully, fully, fully restored. >> about 600 customers still do not have electricity in new jersey over the weekend. three weeks after the storm hit. >>> a tv crew's familiar ra just happened to be rolling as this oil rig in the gulf of mexico exploded off in the distance. >> holy [ bleep ] look at that. >> divers on the sea floor found the body of one man who worked on that particular platform. another worker still unaccounted for. at least 11 others were injured in friday's explosion. still, we don't know what caused i
average price $4.18 a gallon, in large part because of the impact of superstorm sandy and if you could get gas there you'd be willing to pay much nor it. >>> the fifth and final "twilight" movie had $141 million in north american ticket sales its debut weekend wasn't the biggest in the series but it was the eighth largest domestic opening on record. joe? >>> we are talking this morning about what washington can do to avoid going over the fiscal cliff, and we're joined once again by our guest host jeremy siegel, finance professor at the wharton school in pennsylvania and jeremy, you're not a new normal guy. you think 3% to 4% is, we deserve that? don't you into ed to earn that somehow? you need to earn success. you think it just happens in this country? >> we grew in the '90s 3% to 4% and most of the post-war period. 3% to 4% from this high unemployment would be disappointing. normally we'd bounce back from recessions growing 5% to 6%. >> it doesn't matter who is in the white house or what policies they're pursuing. >> i think it matters but i don't think it's the overwhelming feature. i th
Search Results 0 to 3 of about 4